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GBP/AUD

  • Post #1
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  • First Post: Feb 14, 2018 4:59am Feb 14, 2018 4:59am
Stalking for long if the price break above resistance

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Money moves the market, not an indicator.
Quoting andoseg2
Stalking for long if the price break above resistance {image}
Thanks for starting this thread! Love this pair!
Trade what "Is", not what "If".
Quoting andoseg2
Stalking for long if the price break above resistance {image}

I doubt, on the Daily a double top is forming, on the h4 a wolf wave has formed and if a break occurs like you say it will pint point perfectly on h1 with a AB=CD and a head and shoulders which might develop as a BAT pattern, many short confluences IMHO.
LDFX Trading Ltd
Quoting LDFX
{quote} I doubt, on the Daily a double top is forming, on the h4 a wolf wave has formed and if a break occurs like you say it will pint point perfectly on h1 with a AB=CD and a head and shoulders which might develop as a BAT pattern, many short confluences IMHO.

That's is my view :

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Money moves the market, not an indicator.
I think I have given good technical/harmonic analysis to back up my idea, have you ? Who gives a heck about 50 MA?
LDFX Trading Ltd
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LDFX Trading Ltd
Isn’t that a head and shoulders?
LDFX Trading Ltd
After a double top
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LDFX Trading Ltd
AFter a wolf wave ;
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LDFX Trading Ltd
  • Post #10
  • Quote
  • Edited at 7:11am Feb 15, 2018 6:50am | Edited at 7:11am
Anyone see a right shoulder forming ready for a big drop on 4h? Looking to 1.75
Quoting everton1878
Anyone see a right shoulder forming ready for a big drop on 4h? Looking to 1.75
Price tested 1.78 again then fell as expected; taken some profit @ 17670
Quoting LDFX
Who gives a heck about 50 MA?
https://www.investopedia.com/ask/ans...d-analysts.asp

Who give a heck on Bollinger Bands ? RSI ? ATR? Are you serious ? The only indicator you need is the Moving Average. Ask yourself why the trading monitors of professionals are showing only Moving Averages ? Just an idea.
Money moves the market, not an indicator.
Quoting andoseg2
{quote} https://www.investopedia.com/ask/ans...d-analysts.asp Who give a heck on Bollinger Bands ? RSI ? ATR? Are you serious ? The only indicator you need is the Moving Average. Ask yourself why the trading monitors of professionals are showing only Moving Averages ? Just an idea.

I don’t give a heck on B.B., RSI and ATR neither.

By the way, how went your long position ?
LDFX Trading Ltd
this couple is still very high,
it is likely to fall.
I hope so.
I still stick to the short.
look forward to this party minimum 1.8138.
I'll just close this short.
Quoting tiborf71
I'll just close this short.
I like the short position and appears to be a lot of resistance , well and truly right for a correction and my T1 is 1.7996
See how we go
  • Post #18
  • Quote
  • Last Post: Mar 26, 2018 9:06pm Mar 26, 2018 9:06pm
https://www.poundsterlinglive.com/au...akness-in-2018 2018 two views
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